Zoomcar Holdings Files Definitive Proxy Statement

TL;DR

Zoomcar Holdings filed its proxy statement, shareholders vote soon.

AI Summary

Zoomcar Holdings, Inc. filed a definitive proxy statement (DEF 14A) on September 3, 2024, for its annual meeting of stockholders. The company, formerly known as Innovative International Acquisition Corp. until March 31, 2021, is an auto rental and leasing service provider. The filing is a standard procedural document for public companies to solicit votes from shareholders.

Why It Matters

This filing is crucial for shareholders as it outlines the agenda for the annual meeting, including any proposals to be voted on, and provides information necessary for informed voting decisions.

Risk Assessment

Risk Level: low — This is a routine regulatory filing for a public company and does not contain new financial or operational information that would inherently increase risk.

Key Players & Entities

• Zoomcar Holdings, Inc. (company) — Registrant
• Innovative International Acquisition Corp. (company) — Former company name
• 0001213900-24-074659.txt (document) — Filing document identifier
• 20240903 (date) — Filing date
• 20240926 (date) — Period of report

FAQ

Key Financial Figures

• $0.001 — ompany’s common stock, par value $0.001 per share (the “ Common Stock &#
• $0.1416 — n Stock at an initial exercise price of $0.1416 per share (subject to adjustment as des
• $0.0001 — d shares of our common stock, par value $0.0001 per share (the “ Common Stock &#

Filing Documents

• ea0211620-02.htm (DEF 14A) — 849KB
• tproxy_001.jpg (GRAPHIC) — 1193KB
• tproxy_002.jpg (GRAPHIC) — 777KB
• 0001213900-24-074659.txt ( ) — 3564KB

From the Filing

DEF 14A 1 ea0211620-02.htm PROXY STATEMENT    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 _________________________________ SCHEDULE 14A _________________________________ Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.      ) Filed by the Registrant   Filed by a Party other than the Registrant   Check the appropriate box:   Preliminary Proxy Statement   Confidential, for Use of the Commission Only (as Permitted by Rule 14a -6 (e)(2))   Definitive Proxy Statement   Definitive Additional Materials   Solicitation Material Pursuant to §240.14a -12 ZOOMCAR HOLDINGS, INC. (Name of Registrant as Specified in its Charter) ______________________________________________________________ (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check the appropriate box):   No fee required.   Fee paid previously with preliminary materials.   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a -6 (i)(1) and 0 -11   Table of Contents ZOOMCAR HOLDINGS, INC. Anjaneya Techno Park, No.147, 1 st Floor Kodihalli, Bangalore, India 560008 August 30 , 2024 To the Stockholders of Zoomcar Holdings, Inc.: You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the “ Annual Meeting ”) of Zoomcar Holdings, Inc. (the “ Company ”) to be held on a virtual basis on Thursday, September 26, 2024 at 10:00 a.m. Eastern Time, for the following purposes: 1.        To re -elect Swatick Majumdar and John Clarke (the “ Director Nominees ”) as directors, to serve on the Company’s board of directors (the “ Board ”) for a three -year term that expires at the 2027 Annual Meeting of Stockholders, or until their successors are elected and qualified; 2.        To approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to effectuate a reverse stock split of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a ratio of between one -for -fifty and one -for -one hundred and fifty, with such ratio to be determined at the sole discretion of the Board and with such reverse stock split to be effectuated at such a rate and at such time and date, if at all, as determined by the Board in its sole discretion; 3.        To approve, for purposes of complying with applicable Nasdaq Listing Rules, the exercise of, and certain of the provisions included in, those certain unregistered warrants to initially purchase up to an aggregate of 55,084,746 shares of Common Stock at an initial exercise price of $0.1416 per share (subject to adjustment as described therein) (the “ Bridge Warrants ”) including all of the terms therein and the potential issuance of more than 20% of the Company’s issued and outstanding Common Stock in connection with the exercise of the Bridge Warrants; 4.        To ratify the appointment by the Board of Grant Thornton Bharat LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2025; and 5.        To transact such other business as may properly come before the Annual Meeting or any adjournment thereof. THE BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR” THE ELECTION OF EACH DIRECTOR NOMINEE AND “FOR” EACH OF THE PROPOSALS. The Board has fixed the close of business on July 29, 2024 as the record date (the “ Record Date ”) for the determination of stockholders entitled to notice of, and to vote at, the Annual Meeting or any postponement or adjournment thereof. Accordingly, only stockholders of record at the close of business on the Record Date are entitled to notice of, and shall be entitled to vote at, the Annual Meeting or any postponement or adjournment thereof. Your vote is important. You are requested to carefully read the Proxy Statement and accompanying Notice of Annual Meeting for a more complete statement of matters to be considered at the Annual Meeting.   Sincerely yours,     / s / Hiroshi Nishijima     Hiroshi Nishijima     Interim Chief Executive Officer     Zoomcar Holdings, Inc.   Table of Contents IMPORTANT WHETHER OR NOT YOU EXPECT TO ATTEND THE ANNUAL MEETING, PLEASE R

View Full Filing

View this DEF 14A filing on SEC EDGAR